The Central Bank of Bahrain (CBB) announces that the issue of the 2-year Government Development Bond has been oversubscribed by 312%.
Subscriptions worth BD 623.635 million were received for the BD 200 million issue, which carries a maturity of 2 years.
The fixed annual coupon rate on the issue, which begins on March 17 and matures on March 17, 2027, is 5.625%.
The Government Development Bonds are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is Government Development Bond issue No.38 (ISIN BH00016A6F00).
